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Closed over a penny. On our way to getting OTCQB uplisted. Just 29 more days to go over penny+ prices
PGPM dip buy opp here. Will be play of the week again next week as skull/crossbones will come off
MM's are shaking this/walking it down to retest a penny. Holding all of my shares here
Next leg up starting
Wow, stervc calling for 3-5 cents based on valuation alone. I'm holding - we still have a LONG way up to go to get to true valuation
OTCQB uplist coming. Once we close over a penny today, the 30 day count starts for PGPM to move to the OTCQB. Need to maintain that penny+ level for 30 days
To all longs, lock your shares up over 5 cents at least.Let's show these MM's we're for real here. Book value is over 4 cents to begin with!
Hey guys, how do you think the guy who sold 6 million shares at 0.0085 feels right about now? Lol!
PGPM to pay off all liabilities. This should be in another official PR soon
Pilgrim Petroleum Corporation Announces Plans to file Disclosures on OTC Markets
Apr 27, 2017
OTC Disclosure & News Service
Addison, TX -
Addison, Texas April 27, 2017 Pilgrim Petroleum Corporation (PGPM), an independent oil and gas company and parent of Pilgrim Petroleum PLC, is pleased to announce that the company will be filing initial Information Disclosure as Q1 2017 operations and proceed with reorganization plans including filing of all disclosures required by OTC Markets, FINRA and SEC. This also will include an additional investment to enable retiring all or nearly all the current liabilities of the company. This reorganization and additional investment continues the strong belief in and commitment in the company and assets.
2 cents could be here today the way this is trading. Longs, lock up those shares higher. We've got this float locked down. Look how thin it trades
Good morning gang. Let's break into pennyland for good today. We're about a quarter of the way to true valuation of over 4 cents. Long way to go yet
Wishful, you're the man! Great work. A lot of nice hints in there. Sounding more and more like a merger to me. If so, PGPM will be adding $330 million in assets to its balance sheet in the coming weeks. 210,000 acres of land baby!
Fantastic post. PGPM is so undervalued still. Currently just a $9M market value with $48M assets and a book value of over 4 cents. We have a long way to go.
PGPM could be current as early as tomorrow folks. Skull and crossbones will be removed
Update for new investors... Us longs believe we are sitting on a potential reverse merger here. A gold mine. PGPM went dark 7 years ago to focus on building the company. Just recently, Pilgrim Petroleum PLC announced that they closed on a deal to acquire over 210,000 acres of land valued at over $330,000,000. This happened in October 2016. The PLC company, or private company, is an equity partner of PGPM with the same CEO.
Our thoughts are that the private company is getting PGPM, the public company, ready to merge the assets into this stock. Why else would they all of a sudden put out a ton of filings, try to get current and expedite the process of getting uplisted to the OTCQB, etc? Why do this and spend the money to do this if not planning to do something big with PGPM. This is the same thing DOLV did. Plus, they want to pay off all of PGPM's liabilities. My guess is that the private company will pay off the liabilities of PGPM. Cleaning up the stock before the merger IMO.
Highest close for PGPM in almost 10 years
PGPM to pay off all liabilities. This should be in another official PR soon
Pilgrim Petroleum Corporation Announces Plans to file Disclosures on OTC Markets
Apr 27, 2017
OTC Disclosure & News Service
Addison, TX -
Addison, Texas April 27, 2017 Pilgrim Petroleum Corporation (PGPM), an independent oil and gas company and parent of Pilgrim Petroleum PLC, is pleased to announce that the company will be filing initial Information Disclosure as Q1 2017 operations and proceed with reorganization plans including filing of all disclosures required by OTC Markets, FINRA and SEC. This also will include an additional investment to enable retiring all or nearly all the current liabilities of the company. This reorganization and additional investment continues the strong belief in and commitment in the company and assets.
PGPM = MMEX on steroids. Real assets here. This stock price will go ballistic if the private company (assets over $330M) merge into PGPM too.
Company has been quiet for 7 years. Ready to drop an absolute bomb on the market! Big updates coming IMO. Why else get current and put all those filings out?
4+ cent book value here gang. A long ways up to go yet
Penny coming and company should be current TOMORROW
PGPM 0.0095 hitting. BOOM
PGPM boom new 52-week highs. 0.0088 going
New 52-week highs!! 0.0088 falling.
Boom massive hits on 0.0085. CDEL is almost out gang!
PGPM pennyland train boarding. Now is the time
Woah did news leak here?
Nice buy volume surge. MM's finally covering because we're going current tomorrow?? Hmmm
PGPM, the public company, has 100 wells! Awesome news
PGPM is trying to speed up the process of getting uplisted to the OTCQB, which is why all paperwork is filed. Just need the stock price above $0.01 for 30 days and they should be uplisted
Low volume consolidation day. Fine by me because it helps cool off the RSI. We know PGPM will be current either tomorrow or Monday. That's when the fun starts up again. Plus the company will likely start putting PR's out once current.
Market value here is $9,219,676 while PGPM has assets of nearly $49,000,000 as of March 31, 2017. A serious price correction is under way here folks and it is just beginning.
CDEL what a joke. Up to 8 million on 0.0085. Let's bust through him. Come on!
Whacking 0.0073? Lol come on MM's. Another low volume walkdown. Get ready for cheapies
Well.. The pros are getting crushed then lol. PGPM closed at its highest price in 10 years yesterday
PGPM 0.0085 break sends it to a penny
You'll be getting PENNY loafers today
Please slap CDEL's wall at 0.0085. Thanks!
Yep, OTCQB uplist coming. Company must maintain $0.01+ share price for 30 days. Shouldn't be a problem here once we break above $0.01.
All should read this. Great stuff here
2016 COMPARED to 1Q 2017:
2016- ASSETS $48,199,021
2017- ASSETS $48,899,863
==== + $700,842
2016 SHAREHOLDER EQUITY
$41,071,528
2017 SHAREHOLDER EQUITY
$41,631,488
==== +$559,960
2016 NET INCOME $288,844
2017 NET INCOME $558,960
==== +$272,116